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Archivo del Autor: Belen De Leon

This Thanksgiving, Ditch the Food Psychology

Cornell scientist Brian Wansink rocketed to fame by crafting easy, appealing rules on how to avoid overeating. Turns out, though, they’re probably not all true.
Source: Wired

How Unofficial Concert Recordings Flowered in the 21st Century

Live-music tapers, data archivists, and media technologists are creating an authentic musical underground in a freemium world, a hideout where listening habits go unmonitored and unmonetized.
Source: Wired

Creepy or Not, Face Scans Are Speeding up Airport Security

Who cares if you hate it? This time- and effort-saving tech is spreading, and fast.
Source: Wired

Google’s News Initiative heads to APAC with grants of up to $300K for media orgs

Google is expanding its efforts to support media to Asia Pacific after the search giant brought its Google News Initiative to the region.

Known as GNI, the program is designed to “help quality journalism thrive in the digital age” by providing grants (i.e. cash without equity) to media organizations that are judged to have potential. The initiative started life in Europe in 2015 with a $170 million funda $300 million U.S-based incarnation went live earlier this year. It has also extended to YouTube after GNI set aside $25 million and pledged to work with media figures to combat fake news and develop new features.

For Asia Pacific, Google isn’t saying precisely how large the kitty is, but it is promising grants of “up to” $300,000 for publishers developing new and innovative business models and revenue streams.

“We are inviting proposals for projects aimed at increasing revenue from readers, including subscriptions, membership programs, contributions and/or new digital products and services. A panel of Googlers and other tech industry executives will review the submissions and fund selected projects up to $300,000 and finance up to 70 percent of the total project cost,” Kate Beddoe, Google’s head of news and publishing partnerships, wrote in a blog post.

A company spokesperson told TechCrunch that the grants will be staggered. Success applicants will be provided with their grant in tranches in exchange for sharing their experiences with the wider community, for example, as materials published online or at events. That information exchange is aimed at helping media within Asia Pacific to learn from each another and more generally share sustainability ideas and war stories.

The fund was announced today but it won’t kick off until 2019.

Those wanting to submit applications can do so at the dedicated website (here) from November 28 until January 9. Google said it’ll provide additional details on December 11 when it will host an “APAC town hall at its Singapore office — the live stream for that is here.

Google isn’t the only one backing media across APAC through grants. Blockchain media startup Civil recently announced a $1 million fund for Asia, although it remains to be seen if that will go ahead since the company canceled its ICO after failing to hit its $8 million minimum target.


Source: TechCrunch

Cyber Monday sales: 3 dirty little secrets – CNET

Commentary: Don’t delay a good Black Friday purchase — the Cyber Monday deals aren’t likely to be dramatically better.
Source: CNET

WeWork is getting serious about China

Since its entry into China in 2016, WeWork has extended from four to around 60 locations across the country’s megacities like Shanghai, Beijing, and most recently, Shenzhen.

That’s one-sixth of WeWork’s 360 locations worldwide. It’s also equivalent to what WeWork has achieved in its early five to six years globally, Sern Hong Yu, regional head of project delivery at WeWork China, said at TechCrunch Shenzhen recently.

“Next year, it will be even faster,” he added, without revealing the exact number of offices that will open.

The executive confirmed that China will be one of WeWork’s fastest growing region and much of that boom will come from the rising number of enterprise clients.

While the coworking titan strives to redefine office spaces for old-school companies, these larger corporations are presumably a more reliable income source than long-shot early-stage startups.

But Yu said WeWork is also supporting nascent companies. The office operator runs a program called WeWork Labs that gives startups discounted desk space, an educational program, and mentorship without taking stakes in them.

The incubator is just one facet of WeWork’s expanding ventures. It’s been keen to distinguish itself from a pure coworking space. Besides offices, it manages a raft of ventures around the world that include shared apartments, wellness complexes, and even wave pools, all based on the tenet of “make a life, not a living.”

When it comes to China, WeWork says this package of services could help combat the country’s notorious “996” work regime, an acronym short for working from 9 am to 9 pm for six days a week.

“A lot of people like the [WeWork] workplace so much that stay longer than usual,” Yu said. “But in the meantime, we do remind them of the work-life balance.”

The American giant envisages a future where it exists in every other block down the street. But it has some serious contestants in China.

UCommune, which rebranded from UrWork after WeWork sued it over the name similarity, is one of them. The rival is founded by Chinese real-estate veteran Mao Daqing and claims to operate more than 200 co-working spaces across the world, most of which are in China.

WeWork and UCommune have emerged as the dominant forces in China’s coworking market after each grabbed sizable fundings in recent months. Shortly after Ucommune raised $200 million in November, WeWork scored a $3 billion warrant from SoftBank. The rivals have also been in an acquisition race. This year, Ucommune scooped up a number of small rivals and WeWork spent $400 million to pick up main competitor Naked Hub.


Source: TechCrunch

African investors and founders to judge Startup Battlefield competition in Nigeria

TechCrunch will soon be returning to Africa to hold its Startup Battlefield competition dedicated to the African continent, in Lagos, Nigeria, on December 11th.

The event will showcase the launch of 15 of the hottest startups in Africa on stage for the first time. We’ll also be joined by some of the leading investment firms in the region. If you want to be in the same room, you’d better grab your tickets now.

Here are just some of the investors and founders who will be judging the startups competing for US$25,000.

Eleni Gabre-Madhin, blueMoon

Dr. Eleni Gabre-Madhin is founder and chief executive of blueMoon, Ethiopia’s first youth agribusiness/agritech incubator and seed investor. Prior to this, she founded eleni LLC, Africa’s leader in designing, building and supporting the operations of commodity exchange eco-systems in frontier markets. Dr. Gabre-Madhin is also founder and former CEO of Ethiopia Commodity Exchange (ECX), having successfully traded $1.2 billion annually after three years of operation.

Erik Hersman, BRCK

Erik Hersman is the CEO of BRCK a rugged wireless WiFi device designed and engineered in Kenya for use throughout the emerging markets. In 2010 he founded the iHub, Nairobi’s innovation hub for the technology community, bringing together entrepreneurs, hackers, designers and the investment community.

Minette Havemann, Naspers Ventures

Minette Havemann is strategy director at Naspers Ventures, which finds and backs promising technology startups across the world. She plays a leading role in identifying consumer and market trends shaping the team’s overall investment agenda and represents the team in Africa. Before this, Minette worked as General Manager of Strategy and Research at Media24 where she focused on business strategy development across a diverse portfolio spanning media, B2C e-commerce and classifieds assets.

Sangu Delle, Africa Health Holdings

Sangu is the co-founder and managing director of Africa Health Holdings, a company based in West Africa and focused on “building Africa’s healthcare future.” He also serves as Chairman of Golden Palm Investments Corporation, a holding company that has backed startups, including Andela, mPharma and Flutterwave. GPI portfolio companies have raised over $300 million in venture financing.

Wale Ayeni, International Finance Corporation

Wale Ayeni leads the IFC’s Venture Capital practice focused on Africa, South of the Sahara – the International Finance Organization is part of the World Bank Group. The IFC’s Venture capital team invests in technology companies in frontier markets, and has deployed over ~$800 million in early/growth stage tech investments over the past decade. Prior to the IFC, Wale led venture capital early-stage investments in disruptive startups across various technology sectors for Orange in Silicon Valley with representative investments in the U.S.

Get your tickets

Tickets to this event cost $10 (N3600 +VAT), and you can buy them right here.

Startup Battlefield consists of three preliminary rounds with 15 teams — five startups per round — who have only six minutes to pitch and present a live demo to a panel of expert technologists and VC investors. After each pitch, the judges have six minutes to grill the team with tough questions. This is all after the free pitch-coaching they receive from TechCrunch editors.

One startup will emerge the winner of TechCrunch Startup Battlefield Africa 2018 — and receive a US$25,000 no-equity cash prize and win a trip for two to compete in the Startup Battlefield at TechCrunch Disrupt in 2019 (assuming the company still qualifies to compete at the time).


Source: TechCrunch

Berlin-based Wind Mobility raises $22M for its e-scooter rental service

Wind Mobility, a Berlin-based mobility startup that offers “dockless” e-scooter (and electric bicycle) rentals, has raised $22 million in seed funding, throwing its hat into the European competitor to Bird and Lime ring.

It follows recent raises by Sweden’s VOI ($50 million Series A led by Balderton) and Germany’s Tier (€25 million Series A led by Northzone). All three companies are attempting to be pan-European from the get-go.

In other words, you wait all year for the ‘Bird or Lime of Europe’ to appear and three contenders get funded at once. And that’s before we mention Taxify’s entrance into e-scooter rentals or Delivery Hero and Team Europe founder Lukasz Gadowski’s reported plans to enter the space, having picked up backing from the mobility arm of Target global.

Meanwhile, despite being U.S. companies, Bird and Lime have received substantial investment from three of Europe’s top venture capital firms. Index and Accel have backed Bird, and Atomico has backed Lime.

But I digress…

Investing in Wind Mobility’s rather large seed round is Chinese Source Code Capital, and Europe’s HV Holtzbrinck Ventures. The company says the investment will be used for global expansion and to further develop its e-scooter product. Wind current operates its e-scooter rental service in various cities in Spain, France, and the U.S., and its dockless bicycle rental service Byke in Germany.

Notably, Wind is currently developing its first proprietary model of electric scooters specifically designed for the sharing market, which co-founder and CEO Eric Wang tells me will become a significant differentiator going forward.

“Currently, almost all the scooters on the market are from Ninebot, which is designed for personal use rather than sharing,” he says. “Our own scooters are specifically designed for sharing: longer battery range, swappable battery, more capability to climb hills, sturdy and more fit for sharing. We can also tailor our scooters to the requirement of certain cities. This gives us an edge in continuing to adopt to customer needs and regulatory requirements”.

Alongside this, Wind Mobility has developed a proprietary “IoT technology and communication module” that it says gives it better location accuracy of its scooters. The system is also capable of delivering over-the-air updates to the Wind communication module to control certain functionality of its scooters remotely.

For example, it can tell a scooter light to flash via a tap on the Wind app so that users and operational personnel can spot the scooter more easily at night. “We can change the speed limit of the fleet in each city or certain scooters via our servers. We also limit the speed to zero via the communication module once a scooter is taken outside of the operating area,” adds Wang.

Like other European players in the space, Wind says it works in co-operation with local governments, with the goal of solving mobility problems and reducing congestion in urban areas.

“The scooter market in Europe is still relatively new,” says the Wind CEO. “The bigger competition is still to convert more users from using cars to using scooters along with public transportation. We are at the forefront of this transformation. We look forward to working with cities and authorities to serve this growing demand”.


Source: TechCrunch

As the FDA moves to ban most flavored e-cigs sold in stores, Juul pushes back harder on copycats

Love Juul or hate it, you can probably appreciate why the e-cigarette company is frustrated.

It has grown like gangbusters since the first Juul vaporizer was introduced in 2015, leaving competitors — including traditional tobacco companies with their own e-cigarettes — gagging on its smoke. Yet now, a meaningful percentage of that business is being threatened by FDA Commission Scott Gottlieb, who is so concerned about Juul’s soaring popularity with high school and middle school students that last week, he said he’s looking to have flavored e-cigs made available only in “age-restricted, in-person locations and, if sold online, under heightened practices for age verification.”

Even limited to selling more of its menthol-, tobacco- and mint-flavored nicotine cartridges, one imagines that Juul — which also sells mango, cucumber, and fruit-flavored liquids — will be just fine as a business concern.

As cofounder and CTO Adam Bowen recently told this editor of the opportunity in front of his company: “We’re 75 percent of the e-cigarette market, which sounds like a lot, but we’re only 4 to 5 percent of the U.S. cigarette market . . .So we’re really just getting started here, and we’ve just scratched the surface outside of the U.S., where 95 percent of smokers live.”

Juul clearly doesn’t want to take any chances, however. Just two months after filing a lawsuit aimed at stopping 30 entities in China from selling counterfeit Juul products on eBay, and a filing a separate complaint with the United States International Trade Commission (ITC), claiming that 18 organizations are infringing on Juul’s many patents, Juul has filed a new patent-infringement complaint with the ITC and again, it’s looking to block sales of competing e-cigarette devices and nicotine cartridges made mostly in China.

As Bloomberg notes, the company also fired mirror lawsuits in eight district courts around the U.S., accusing companies of infringing on its patents.

What happens next remains to be seen, pending any investigation the ITC may conduct. The biggest questions for the agency will seemingly be whether these competing and often flavored products may more easily fall into the hands of underage smokers, or whether Juul is instead trying to box out a growing field of competitors and knockoffs while busy trying to deal with the FDA. Likely, it will find both to be true.

In the meantime, Juul’s customers are also preparing themselves for the changes ahead, seemingly. As one longtime smoker turned Juul enthusiast told the New York Times this week, she has been stocking up on Juul’s mango cartridges at her corner smoke shop, while also accepting that she may have to adjust to a more traditional flavor profile.

“I’ll switch to Juul’s tobacco flavor,” she told the outlet. “I can get around this. Just like the kids will — they can always find a way.”

You can check out the list of companies that Juul is newly going after here.


Source: TechCrunch

Sprint Black Friday 2018 deals on now: Free iPhone XR, $100 iPad, free $500 LG TV with LG V40 – CNET

Sprint will also cut you a break on the Galaxy S9 and Note 9, and Apple Watch 4.
Source: CNET

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